INSUBCONTINENT EXCLUSIVE:
But they recouped losses after the central bank gave an evenhanded commentary on inflation management
Furthermore, the Reserve Bank of India (RBI) hinted at more open market operations, a tool that controls liquidity and prevents any
Gopikrishnan, head of FX, rates and credit trading at Standard Chartered Bank.
Foreign portfolio investors (FPIs) have been exiting domestic
rupees per dollar with the local currency trading near its record low at 69.13/$, hit on July 20 this year.
The Bank of Japan kept its key
interest rates unchanged while announcing policy tweaks, including reducing the amount of bank reserves subject to its negative interest
